The PE ratio for Discover Financial Services stock stands at 14.15 as of May 2, 2024. This is based on the current EPS of $8.8 and the stock price of $124.51 per share. An increase of 44% has been seen in the P/E ratio compared to the average of 9.9 of the last 4 quarters.
Over the last ten years, the average PE ratio of Discover Financial Services has been 10.45. The current 14.15 PE ratio is 35% above the historical average. Over the past ten years, DFS's PE ratio was at its highest in the Dec 2020 quarter at 25.15, with a price of $90.53 and an EPS of $3.6. The Mar 2020 quarter recorded the bottom point at 5.33, with a price of $35.67 and an EPS of $6.69.
Maximum annual increase: 169.56% in 2020
Maximum annual decrease: -74.12% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.97 | 57.5% |
| 2022 | 6.33 | -2.76% |
| 2021 | 6.51 | -74.12% |
| 2020 | 25.15 | 169.56% |
| 2019 | 9.33 | 23.58% |
| 2018 | 7.55 | -46.72% |
| 2017 | 14.17 | 13.45% |
| 2016 | 12.49 | 19.75% |
| 2015 | 10.43 | -21.81% |
| 2014 | 13.34 | 18.47% |
Currently, DFS's PE ratio is greater than its 3, 5 and 10-year historical averages.
DFS's PE ratio is lower than its peer stock TFSL, but it is greater than COF's and ZION's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ZION Zions Bancorporation National Association | 9.82 | $6.33B |
| COF Capital One Financial Corp | 11.84 | $53.92B |
| DFS Discover Financial Services | 14.15 | $31.2B |
| TFSL TFS Financial CORP | 50.15 | $3.66B |
As of May 2, 2024, DFS stock has a price to earnings ratio of 14.15.
The 3-year average PE ratio for DFS stock is 7.71.
The 5-year average PE ratio for DFS stock is 9.74.
Over the last ten years, the quarterly PE ratio reached a historic high of 25.15 in the Dec 2020 quarter.
DFS's current price to earnings ratio is 35% above its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 2, 2024), Discover Financial Services's stock price is $124.51. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.8. Therefore, Discover Financial Services's P/E ratio for today is 14.15. PE RATIO(14.15) = STOCK PRICE($124.51) / TTM EPS($8.8)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.